Pieter Baert

Policy Analyst at European Parliament @Europarl_EN - EU Taxation and Customs Policy. Views are my own. Likes/RTs ≠ endorsements 🇧🇪🇪🇺

[EU Tax & Customs 🇪🇺 @EU_Taxud]

✂️📉 The DAC Recast is cutting tax reporting red tape!

As part of the tax simplification package, the DAC recast allows businesses to benefit from:

✅ Less reporting
✅ ~€1.3B in annual savings

👉Discover all the details: https://t.co/GM1zepGe5e

#EUTaxation

[EU Tax & Customs 🇪🇺 @EU_Taxud]

📢 The EU is cutting tax red tape to boost EU businesses!

The new tax simplification package will:

✅Lower compliance costs
✅Simplify rules
✅Maintain high standards
✅Save businesses €7.9B+ per year

Less bureaucracy, more growth!

🎥Commissioner @WBHoekstra👇

#EUTaxation

[Pieter Baert @PBaert1]

Missing trader VAT fraud costs the 🇪🇺EU € billions each year. The VAT Directive's Articles 199a & 199b introduce optional reverse charge mechanisms to tackle this. How effective are they? Find out in our latest briefing. #VAT #TaxFraud #EU https://t.co/HfXC3HqZrt

[Pieter Baert @PBaert1]

Reduced #VAT rates are widely used across the 🇪🇺EU — but are they effective and at what cost?
This new briefing by @EP_EPRS explores how EU VAT rate rules work, why non-standard rates exist, and the challenges they create. https://t.co/Ptd2Gnks4a #tax

[Pieter Baert @PBaert1]

The 🇪🇺European Commission published this morning a notice acknowledging last week's OECD/Inclusive Framework's Side-by-Side agreement. A revision of the Pillar Two Council Directive is not needed. https://t.co/BzTRlH2410

[Pieter Baert @PBaert1]

Reaction 🇪🇺@EU_Commission to OECD Inclusive Framework's Side-by-Side agreement.

[Wopke Hoekstra @WBHoekstra]

A strong start to the year for international taxation: the OECD Pillar Two simplification and side-by-side package is agreed.

This is a welcome step that stabilises the global tax system, simplifies rules, ensures fairness and keeps businesses competitive.

[Pieter Baert @PBaert1]

And here it is: The Side-by-Side Package (alongside new safe harbors!). #PillarTwo #MinimumTax

[Mathias Cormann @MathiasCormann]

The 147 Members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting have reached agreement on a comprehensive package on the co-ordinated operation of global minimum tax rules for a digitalised and globalised world economy.

➡️ https://t.co/fkb449gIgX

[Pieter Baert @PBaert1]

On Thursday, the @EP_Taxation Committee will hold a public hearing on the taxation of ultra-high-net-worth-individuals, with speakers from @EU_Taxud, @TaxFoundation, @OECDtax and @taxobservatory.

[European Parliamentary Research Service @EP_EPRS]

Amid growing concerns about wealth concentration & fiscal strain, debates on taxation of ultra-high-net-worth individuals have intensified

At the same time, wealth taxes have several potential drawbacks

👉https://t.co/Z7uJMpkCgI

@EP_Taxation @PTridico @Kira_MPH @ReginaDo

[OECD Tax @OECDtax]

Discover latest developments in international tax co-operation incl. the status of the Pillar Two global minimum tax, tax transparency efforts, tax certainty and simplification, & more in the 🆕 report by OECD SG @MathiasCormann to @g20org.
➡️ https://t.co/7An9A3FOip

[European Parliamentary Research Service @EP_EPRS]

The EU’s VAT one-stop shop lets businesses declare their EU-wide sales through a single tax return so they don’t have to VAT register in multiple Member States

How could this framework be further improved?

👉 https://t.co/5jc4Eyez3V

@EP_Taxation @PTridico @Kira_MPH @ReginaDo

[Pieter Baert @PBaert1]

The 🇪🇺EU’s VAT One Stop Shop lets businesses handle #VAT for all their EU sales in one place — a big step for the single market. But can it go further? My new briefing looks at possible next steps for VAT simplification. https://t.co/UttC4sIcUG @EP_EPRS @EU_Taxud

[Pieter Baert @PBaert1]

The 🇪🇺EU’s VAT One Stop Shop lets businesses handle #VAT for all their EU sales in one place — a big step for the single market. But can it go further? My new briefing looks at possible next steps for VAT simplification. https://t.co/UttC4sIcUG @EP_EPRS @EU_Taxud

[Pieter Baert @PBaert1]

Een kleine reminder: een speciaal BTW tarief voor luxeproducten is niet mogelijk onder de huidige EU regels. #begroting

[EU Tax & Customs 🇪🇺 @EU_Taxud]

European SMEs, are you unsure if your small business qualifies for the VAT exemption scheme?

🧮 Use the simulator to check your eligibility, based on your EU-wide turnover

✅ It’s available in almost all EU countries

🔍 Start here: https://t.co/qHOCuekJJa

#VATExemption

[European Parliamentary Research Service @EP_EPRS]

To combat menstrual poverty, the EU VAT Directive now allows Member States to apply reduced or zero VAT rates to menstrual products

👉 https://t.co/hy6tXSDs6U

#EUGenderEqualityWeek @linagalvezmunoz @EP_GenderEqual @eurogender

[EU_Eurostat @EU_Eurostat]

The overall tax-to-GDP ratio stood at 40.4% in the EU and 40.9% in the euro area in 2024.

Highest in:
🇩🇰 Denmark (45.8%)
🇫🇷 France (45.3%)

Lowest in:
🇮🇪 Ireland (22.4%)
🇷🇴 Romania (28.8%)

Learn more👉 https://t.co/XKlludD9xO

[Pieter Baert @PBaert1]

ETACA - the 🇪🇺EU's Cooperative Tax Compliance project - is entering into its second pilot phase! Interested companies can contact their tax administration if they would like to participate. See for more information: https://t.co/x1kuJPZldy @EU_Taxud

[Pieter Baert @PBaert1]

🔴🇪🇺The European Commission announces the withdrawal of the Financial Transaction Tax (FTT), Unshell, DEBRA and the transfer pricing harmonisation directive. https://t.co/pypcJwy0hO

[European Parliamentary Research Service @EP_EPRS]

Traditional tax rules struggle to keep pace with new business models and technologies

We take a look at the challenges of taxing the digital economy

🔎https://t.co/BPkJW9GFbR

@EP_Taxation @PTridico @Kira_MPH @ReginaDo @MarkusFerber @MattEcke

[Pieter Baert @PBaert1]

It was floated before, but now it’s official: the 🇪🇺European Commission has withdrawn its proposal for a 'Definitive VAT system', after years of debate on cross-border VAT reform. https://t.co/0nKFAfgQmF #VAT